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67 Ludlow Street Chinatown New York NY 10002
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67 Ludlow Street Chinatown New York NY 10002
67 Ludlow Street Chinatown New York NY 10002
67 Ludlow Street Chinatown New York NY 10002
67 Ludlow Street Chinatown New York NY 10002
67 Ludlow Street Chinatown New York NY 10002
67 Ludlow Street Chinatown New York NY 10002
67 Ludlow Street Chinatown New York NY 10002
67 Ludlow Street Chinatown New York NY 10002
67 Ludlow Street Chinatown New York NY 10002
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67 Ludlow Street

Chinatown | NY
Broome Street & Grand Street

Schedule a Viewing
$ 3,300,000
Building For Sale
Property Type
Active
Status
25
Rooms
9,972/926
ASF/ASM
$ 79,541
Real Estate Taxes [Per Annum]
  • 67 Ludlow Street
  • $ 3,300,000
67 Ludlow Street Chinatown New York NY 10002

Building Details

67 Ludlow Street Chinatown New York NY 10002
Income Property
Ownership
Low-Rise
Building Type
Voice Intercom
Service Level
Walk-up
Access
408/20
Block/Lot
25'4"x87'5"
Lot Size
C4-4A
Zoning
1900
Year Built
6/20
Floors/Apts

Photos

67 Ludlow Street Chinatown New York NY 10002
67 Ludlow Street Chinatown New York NY 10002
67 Ludlow Street Chinatown New York NY 10002
67 Ludlow Street Chinatown New York NY 10002
67 Ludlow Street Chinatown New York NY 10002
67 Ludlow Street Chinatown New York NY 10002
67 Ludlow Street Chinatown New York NY 10002
67 Ludlow Street Chinatown New York NY 10002
67 Ludlow Street Chinatown New York NY 10002

Description

After more than four decades in the same family's hands, 67 Ludlow Street comes to market for the first time, offering investors a rare opportunity to acquire a fully occupied mixed-use walk-up in the heart of the Lower East Side. The property comprises 20 rent-stabilized residential units and a long-standing ground-floor retail tenant, generating $368,737 in gross annual income and $214,693 in NOI. At the $3,300,000 asking price, 67 Ludlow St delivers a 6.5% cap rate on in-place actuals, $157,143 per unit, and roughly $340 per gross square foot, a compelling entry point for a Manhattan asset of this caliber. Situated just two blocks from the Delancey-Essex Street transit hub and steps from Essex Crossing, the building benefits from one of downtown Manhattan's most dynamic and consistently appreciating submarkets. The 25 by 87 lot carries C4-4A zoning, and the ground-floor commercial tenant is secured through 2043 with a 3% biennial rent escalations.
After more than four decades in the same family's hands, 67 Ludlow Street comes to market for the first time, offering investors a rare opportunity to acquire a fully occupied mixed-use walk-up in the heart of the Lower East Side. The property comprises 20 rent-stabilized residential units and a long-standing ground-floor retail tenant, generating $368,737 in gross annual income and $214,693 in NOI. At the $3,300,000 asking price, 67 Ludlow St delivers a 6.5% cap rate on in-place actuals, $157,143 per unit, and roughly $340 per gross square foot, a compelling entry point for a Manhattan asset of this caliber. Situated just two blocks from the Delancey-Essex Street transit hub and steps from Essex Crossing, the building benefits from one of downtown Manhattan's most dynamic and consistently appreciating submarkets. The 25 by 87 lot carries C4-4A zoning, and the ground-floor commercial tenant is secured through 2043 with a 3% biennial rent escalations.

Listing Courtesy of Compass

Features

A/C
67 Ludlow Street Chinatown New York NY 10002

Contact

License Licensed As: Chad Kessler
Chad Kessler

Chad Kessler

License Licensed As: Chad Kessler

Licensed Associate Real Estate Broker

W: 718-499-2000 [ext 40]
M: 646-642-2423
Contact Agent Download VCard

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This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 REBNY Listing Service, Inc. All rights reserved. All information is intended only for the Registrant’s personal, non-commercial use. RLS Data display by New Millennium Real Estate Corp.. Additional building data provided by On-Line Residential [OLR].
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
Listing ID: 105857TH